News

Property & Projects

17 December, 2024

Changes to the Foreign Resident Capital Gains Withholding Regime

Changes to the foreign resident capital gains withholding (FRCGW) regime are effective on and from 1 January 2025. All parties to a real property transaction in Australia must ensure timely compliance with the changes. Application The changes apply to all acquisitions occurring on or after 1 January 2025. An acquisition…

Victoria Caldwell

Construction Security of Payments

13 December, 2024

Christmas Payment Claims and Adjudications

On the first day of SOPA my… Introduction The holiday season is meant to be a time of joy, celebration, and relaxation, but it’s also a time when unexpected events can occur. One such surprise might be the receipt of a payment claim or adjudication application in the middle of…

Victoria Caldwell

Commercial

12 December, 2024

A reminder – what does using “reasonable endeavours” really mean?

A promisor in an agreement is often required to use “reasonable endeavours” to comply with an obligation, but what does that term really mean? The key principles in Electricity Generation Corporation v Woodside Energy Ltd HCA 7 remain relevant Electricity Generation Corporation v Woodside Energy Ltd HCA 7 remains the…

Victoria Caldwell